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20140226
20140306
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KQED (PBS) 25
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English 25
Search Results 0 to 24 of about 25 (some duplicates have been removed)
, totaling almost $4 trillion. it includes new tax hikes to offset additional spending for education and job-training. but republicans say it does nothing to address the nation's fiscal challenges. we'll discuss its approach to helping low income americans, later in the program. israeli prime minister benjamin netanyahu is warning the u.s. and the world against letting iran go ahead with any part of its nuclear program: he spoke in washington, a day after meeting with president obama. >> the leading powers of the world are talking about leaving iran with the capability to enrich uranium. i hope they don't do that because that would be a grave error. it would leave iran as a threshold nuclear power. >> woodruff: netanyahu also said that far from easing sanctions on iran, the world should increase them. he also urged the palestinians to recognize israel as a jewish state, if they really want peace. the process of removing syria's chemical weapons is picking up pace. the dutch diplomat overseeing the operation said today the assad regime has handed over six shipments of toxic agents. she spoke
of low interest rates. then on the government side we have less drag from tax increases and spending cuts than we had last year. so i think this year will be noticeably stronger than it was in 2013. >> let's get a quick thought on housing. i agree with most of what you said there bquibble with the ida that incomes are going up very much. there is i'm told a bit of a squeeze on affordability. incomes have not gone up enough to keep up with rising mortgage rates and rising prices. is housing going to slow markedly this year because of that? >> well, certainly affordability has declined from where it was a couple of years ago where we had mortgage rates at 3.25% and prices were down tremendously. however, prices are still down by about 1/5 from where they were at their peak in 2006. we are seeing some job growth, some income growth, and we do see lenders a little bit more willing to lend. so i think although affordability is down somewhat, it's still pretty good on a historical basis. and i think that will be enough to bring people into the housing market. >> thanks a lot, gus. appreciate yo
obama unveils his $4 trillion budget. what's his plan for spending and new tax in the coming year? >>> tough turn around. the radio shack will close over 1,000 stores as it tries to stem a sharp slide in sales. can the troubled neighborhood electronics retailer reverse the trend in this ultracompetitive environment? all that and more tonight on "nightly business report" for tuesday, march 4th. >>> good evening, everyone. russia retreats and wall street gets a massive relief rally. investors bought up stocks after russian president putin pulled troops back from the border of ukraine, allaying worries about an imminent military showdown. the major averages surged 1.5% or more, posting their biggest gains so far this year. even setting a new record close for the s&p 500. now those sky-high gains wiped out all of yesterday's losses and even russia's stock market which lost 12% on monday rose more than 6% today. here's a look at the closing numbers. 9 dow soared 227 points, the nasdaq ended at a fresh 14-year high adding almost 75 points and the s & p jumped 28 points to 1873. that's a
's tax system but it's unlikely to advance this year. republican dave camp chairs the house ways and means committee. he called for lowering the top income tax rate from 39.6% to 25%. he'd also impose a ten percent surtax on earned incomes over $450,000 dollars. house speaker john boehner would not say if the party supports the bill, and he refused to discuss the details. >> blah, blah, blah, blah. listen, there's a conversation that needs to begin. this is the beginning of the conversation. the idea of tax reform is to get our economy going again, provide better, more economic growth, more jobs, and higher wages. the way you do that is bring down rates. and to bring down rates you clean out a lot of the garbage that's in there and the special interest issues that are in there. >> ifill: the last major overhaul of the tax code was in 1986. that data breach at target stores before the holiday shopping season took a hefty toll on the company's bottom line. profit dropped 46% in the fourth quarter, and revenue slipped more than 5%. the data breach allowed hackers to steal personal i
enrollment web sites up and running. the change permits residents of those states to receive federal tax credits, even if they ended up buying insurance outside the online exchanges. white house spokesman jay carney. >> subsidies of aca remain available no matter how you get insurance. we're making sure cms is working closely with states to successfully implement their marketplaces. and that includes making sure that those who are eligible for subsidies are able to receive them. >> woodruff: the problems with the federal health care insurance exchange have largely been repaired. but the states of oregon, maryland, massachusetts and hawaii are still laboring to get their websites into optimum shape. a retirement surge means regional airlines in the u.s. will need hundreds of new pilots each year over the next decade, but they may not get them. the government accountability office reports 11 out of 12 regional carriers failed to meet hiring targets last year. a major factor could be the average annual starting salary, just $22,400. regional airlines handle half of all domestic flights. >>
of wealthy americans avoid taxes. acknowledged misconduct by some employees but insisted the management was unaware. among the tactics were passing bank statements in sports hiding cash in panty hose. you are watching bbc world news america. still to come, there is a crisis in the air in china. smog levels have reached dangerous levels and citizens be demanding something condition. jordan's parliament voted unanimously to expel the israeli ambassador and recall its own israeli ay after lawmakers debated a holy site. is holy to jews and must must hrupls. >> it is calm now but tensions past few days he in this sensitive site. clashes between palestinian protesters and israeli police. is the third holiest site noble m and it is the sanctuary. they believe mohammed ascended rock there.om a it is where two termps were.h many want the right to pray here freely. first time thehe israeli parliament held a debate about extending israeli control here. for the islamic watch the trust that is in custody that was a serious provocation. any interference with the mosque or change in status, any to tak
and economic issues. >> over this past year texas moved out of the top ten states for its tax status. i want to see texas move back into the top ten having a low tax structure cause its one of the best economic incentives that will attract businesses here. >> woodruff: abbott has also taken fire for campaigning alongside ted nugent, even after the rock musician referred to president obama as a sub-human mongrel. on the democratic side: >> is it still your intention to filibuster? >> yes mr. president. >> woodruff: state senator wendy davis rocketed to national prominence in june after she temporarily derailed a republican bill to impose tough new restrictions on abortions. >> laws are to create justice for all. >> we also received this written testimony. >> there is a medical necessity. women need timely access. >> woodruff: davis's 11-hour filibuster made her an instant hit in her party, and in october, she declared for governor. since then, she's faced scrutiny after parts of her personal story turned out to be inaccurate. texas voters also choose u.s. senate nominees tomorrow. incumbent
. >> the government pensions aren't the problem. the private are. the government has the power to tax, and it has the power to print money. we are not in a dangerous u.s. fiscal situation. we -- at some -- we have to quit having our debt grow as a percentage of gdp. it made sense to have it happen during -- when things were terrible five years ago, but we can have a deficit, which creates more debt but not at a rate that grows faster than gdp grows. the trend is wrong. there is a danger if that goes on, although a lot of countries have gone far beyond. i don't like to see it go up as a percentage. this country is in wounderful shape. >> finally, looking at the stock market today, there are people nervous about what happens with the situation in ukraine. you would tell them? >> i would tell them it doesn't change anything. if you have a wonderful business of your own in illinois, why would you sell it today because of what is happening in the ukraine? if you have a farm producing, an apartment house that's fully occupied, why would you sell it today because of the ukraine? that's the same if you h
been ordered walks to borrow tax -- back to barracks. later, and defensive about was he also trying to reassure everyone that force is not his intention at the moment? today, his foreign minister seem to want to push the need for dialogue. >> i won't even fantasize about the possibility of sanctions. we have always been against one-sided actions cannot i hope our partners will understand their counterproductive. >> this is of the first time mr. putin has done the world with a military takeover. he has taken crimea out of kiev control, but he will only take eastern ukraine as a rust resort -- last resort. pushingof wishing -- today the capital, he agreed to peace talks after five days of bombardment. is he thinking it is time to move to diplomacy? the problem is, how to bridge the gap. in kiev today, the secretary state route the promise of a billion dollar loan to the new government. the same government that putin insists seized power in an illegal and violent coup. >> if russia chooses not to do the asteroid, does not choose to work directly with the government of ukraine, then our
that money relies on ending some federal corporate tax breaks. >>> finally tonight, in an effort to spur competition, the affordable care act provided government loans to launch non-profit ensures known as co-ops that were designed to compete against established commercial insurance plans. in the final part of our series, insurance upstarts bertha coombs tha takes a look at the co-ops and whether they could end up leaving taxpayers on the hook if they falter. >> created to give us control of our own health care. >> reporter: health republic or new jersey uses its nonprofit status as a selling point. >> we're proud of that. we found that message resonates with people. the whole idea of being a cooperate i've, consumer operated and oriented plan not for profit committed to innovating in health care. >> reporter: it launched with help from the nonprofit freelancers union, using federal loans under the affordable care act. >> we've been granted a considerable amount of sovereignty dollars to make sure we're able to cover any of the issues and concerns around you tillization so none of our me
if you will or not pay taxes. >> for years the italian authorities could do nothing. but one when tough banking regulations were imposed across europe in the wake of the financial crises, only the vatican bank resisted. so the italian finance police put the bank under close surveillance, using all the tools at their disposal. they monitored transactions in and out of the vatican bank. they made their first break through in the summer of 2010. >> in that case, it happened that an italian bank received a request from the vatican bank to transfer 23 million euros. the bank of italy requested details for both payee and recipient in the transaction and the reason for the transfer. the vatican bank failed to provide adequate information so the bank of italy decided to freeze that money. the whole european banking community was up in arms. the account holders that included the iranian and iraqi embassies appears the money would be used for laundering. one bank after another refused to do business with the vatican bank until it cleaned up its act. >> woodruff: yesterday, pope francis announced
-- or not pay taxes. >> narrator: for years, the italian authorities could do nothing. but when tough banking regulations were imposed across europe in the wake of the financial crisis, only the vatican bank resisted. so the italian finance police put the bank under close surveillance. using all the tools at their disposal, they monitored transactions in and out of the vatican bank. they made their first breakthrough in the summer of 2010. >> (translated): in that case, it happened that an italian bank received a request from the ior to transfer 23 million euros. the bank of italy requires details for both payee and recipient in the transaction and the reason for the transfer. the ior failed to provide adequate information, so the bank of italy decided to freeze that money. >> narrator: the whole european banking community was up in arms. with account holders that included the iranian and iraqi embassies, there were fears that the bank could be used for money laundering. one bank after another refused to do business with the vatican bank until it cleaned up its act. the pope was increasingly
priorities. president obama unveils his $4 trillion budget. what's his plan for spending and new tax in the coming year? >>> tough turn around. the radio shack will close over 1,000 stores as it t t
Search Results 0 to 24 of about 25 (some duplicates have been removed)